""We delayed the closure because we got such a great, big response of people coming out to support the restaurant, which we really appreciate. But then business started receding again, so now at this point, we're forced to close.""
""Pouring with Heart cited near-monthly financial losses that began during the pandemic, then continued with rising costs of labor and insurance, decreases in business due to entertainment-industry strikes and job losses.""
""Though there are multiple interested parties, Moses said, none have closed escrow.""
Cole's, one of Los Angeles' oldest restaurants, will close on March 29 after eight months of extensions and efforts to find a new buyer. The restaurant, known for its French dip sandwich, experienced financial losses exacerbated by the pandemic and rising costs. Despite a strong community response delaying the closure, business declined again, leading to the decision to shut down. The owners hope to find a buyer who will preserve the restaurant's legacy, although no interested parties have finalized a deal yet.
Read at Los Angeles Times
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